IIRC it’s for indexing, the blockchain stores references to the published content so it can be discovered and downloaded.
Blockchain is not a transactional technology. It’s a solution to the Byzantine General problem of coordinating decentralized consensus. It’s better to consider it as a kind of public, decentralized, append-only data structure and is thus well-suited to coordinating content publication. Unfortunately, fintech bros have thoroughly poisoned the waters by making it seem to people that blockchain is inherently financial in nature and overlaying all manner of pump-and-dump, greater fool, and rug-pull scams. Bitcoin et al are only volatile because people treat them like stock assets instead of currency, to say nothing of the many legitimate uses like FileCoin incentivizing IPFS hosting.
IIRC it’s for indexing, the blockchain stores references to the published content so it can be discovered and downloaded.
Blockchain is not a transactional technology. It’s a solution to the Byzantine General problem of coordinating decentralized consensus. It’s better to consider it as a kind of public, decentralized, append-only data structure and is thus well-suited to coordinating content publication. Unfortunately, fintech bros have thoroughly poisoned the waters by making it seem to people that blockchain is inherently financial in nature and overlaying all manner of pump-and-dump, greater fool, and rug-pull scams. Bitcoin et al are only volatile because people treat them like stock assets instead of currency, to say nothing of the many legitimate uses like FileCoin incentivizing IPFS hosting.